IntradayTrade dot Net dot IN
Alerts / Updates

for Friday, 19-June-2015


 

SUGGESTS:

 

ASHOKLEY

 

HINDALCO

 

TATAMOTORS

 

ALSO SEE:

FORTIS

IDEA

POLARIS

These 6 names were given to our members before market opened today. At about 10am, 2 of these 6 were chosen, based on their initial performance, and StopLoss and Targets were given for these 2. Throughout the day we followed the performance of these 6 stock and gave updates/alerts.

 

Given below are the Alerts & Updates
we had sent to our members today:

 


 

Alerts / Updates for Friday, 19-June-2015

SMS Pre-Market

Suggests: ASHOKLEY HINDALCO TATAMOTORS;
Also See: FORTIS IDEA POLARIS;
Valid for: 19-June-2015; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 8190, 8240, 8270, 8330, 8350;
NIFTY Support levels are: 8140, 8100, 8060, 8010, 7980;

 

Pre-Market Alert: 9:15am

A gap-up opening and robust trading is expected in our markets today following
firm global cues after the US Fed meet; Markets are likely to open firm today tracking
gains across Asian markets that gained ground as investors bet the US Fed will not
raise interest rates too soon, though anxiety over how Greece's debt crisis will unfold
dampens risk appetite; For our market, there is good upside momentum that should
continue; 8120-8150 were difficult barriers for the Nifty, that have now been crossed;
Today at opening, another important barrier at 8200 may get broken; Next Resistance
that can prove difficult for the Nifty is at 8240; There will be Support now at 8140;
For the day, we expect trading to be in the 8200-8240 range with another upward
surge towards the end; As always, wait for a definite chance; Then be quick
to act; Take small profits and exit; Buy again if the upsurge holds;
Avoid undue risks; Stay Away, if you are not sure;
INR-US$ is at 63.7250; WTI Crude is at $60.45; Brent Crude is at $64.26

 


 

SMS-1

19June(10:00) Gap-up openng; Going Flat;
See ASHOKLEY>70 HINDALCO>124;
Watch TATAMOTORS>443 FORTIS>167;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

Gap-up opening for the Nifty above 8200 today; The Nifty has been flat and steady
above 8200 since opening today; At 8210 now, in the green; We expect the Nifty
to trade in the 8200-8240 range till our next Update; First Resistance is at 8240;
There is Support at 8160-8140; There will be more upside later in the day;
Meanwhile, see these if market upsurge comes now with good volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
ASHOKLEY 70 68 71 72 850
HINDALCO 124 121 125 126 480

Also watch TATAMOTORS>443 and FORTIS>167 if upsurge
comes now; Take position in above scrips only if you are
absolutely confident; All for LONG; Stay Away if not sure.

 


 

SMS-2

19June(11:00) Mkt +ve & flat; FORTIS gave profit;
Old levels valid for ASHOKLEY HINDALCO;
See FORTIS>169 again if mkt turns up; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
ASHOKLEY ELV
(Earlier Levels Valid)
Going flat; Keep watching..
HINDALCO ELV
(Earlier Levels Valid)
Going down; But keep watching..
TATAMOTORS Choppy & Uncertain; But keep watching..
FORTIS In at 167, Out at 169
See again after 169
This might give more today
IDEA Might go up; Watch above 176
POLARIS This also might go up; Watch above 167.50

FORTIS has given some returns and can give more; Several others are also looking
good and might give profits if the uptrend in the Nifty continues; But hold your horses;
Do not get over enthusiastic; Keep constant vigil; Look at all angles before you take
a decision; Then be quick about it; Any wrong move can lead you to losses;
Do not take unnecessary risks; Stay Away, if in doubt.

Resistance at 8240 is holding and the Nifty is in the 8200-8240 zone, as we had
expected; A slight positive trend that was seen to develop after our last Update,
seems to have levelled out; Nifty is now at 8230, in the green; We expect the Nifty to
remain in the 8220-8240 band for some time and the upside will resume later today;
Avoid taking any unnecessary risks; Remember, any wrong move can lead you
to losses; Stay Away if you are not sure.

 


 

SMS-3

19June(12:30) Mkt in green; Choppy; FORTIS added profit;
Hold FORTIS>173 if in; See HINDALCO>123;
Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
ASHOKLEY Choppy & Uncertain; Avoid, for now
HINDALCO See above 123 Took a fall; Recovering now
TATAMOTORS Choppy & Uncertain; Avoid, for now
FORTIS Out at 173
Hold>173, SL-169
Has taken a fall; best to exit now, and
re-enter at 173 if this goes up again
IDEA Choppy & Uncertain; Avoid, for now
POLARIS Going down; Avoid, for now

FORTIS has given some more profits and can give more; HINDALCO is the other
Suggest that can give some profits; But the general market has stagnated and is likely
to go down; So, be careful; It is best to exit FIRTIS now and re-enter if you get any
more chances; Keep constant vigil; Look at all angles before you take a decision;
Then be quick about it; Any wrong move can lead you to losses; Do not take
unnecessary risks; Stay Away, if in doubt.

Resistance at 8240 has finally proved to be very strong as the Nifty has been unable
to cross over that barrier; It has started to fall; Nifty is at 8210 now, in the green; Our
range at the beginning of the day was 8200-8240, so a downside till 8200 can happen
now; If 8200 is breached, next Support is at 8160-8140; But we do not feel that will
happen; We will get back to range-bound trading in the 8200-8240 zone unless we get
some negative trigger; Upside will resume at the end of the day; Keep constant vigil;
Avoid taking any unnecessary risks; Remember, any wrong move can wipe off your
profits and take you to losses; Stay Away if you are not certain.

 


 

SMS-4

19June(2:30) Mkt in green; +ve bias; No Suggest gave
profit; None look good for LONG now; All can profit
if upsurge holds in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
ASHOKLEY Choppy & Uncertain; Avoid
HINDALCO Choppy & Uncertain; Avoid
TATAMOTORS Took a fall; Recovering; Watch this..
FORTIS No further progress; Flat at 170 now;
Can give another burst in last hour
IDEA Choppy & Uncertain; Avoid
POLARIS Going down; Avoid

None of our Suggests have been able to do anything today, except for some good
returns given by FORTIS; Although the general market is going up now, we do not see
much confidence in this uprise; So, be careful; And it will be better not to take any
chances now, specially if you have made some profits from FORTIS; Do not take
unnecessary risks in last hour; Any wrong move can lead you to losses;
It will be better to Stay Away now.

Resistance at 8240 is still holding and the Nifty has got stopped again at this level;
But, as was predicted, we have seen a smart upside in the Nifty from a low of 8200
right up to 8240 now in one sweep; However the going was in splits and bursts and
the momentum is held-back; However, some more upside can still come in the last
hour unless we get some negative trigger; A closing above 8200 is definitely
possible and a try at 8250 is also on the cards; Do not take any undue risks
in last hour; Protect your profits, if any; Today, we will close green.

 


 

Please also see our Today's Performance or Details page